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Commonwealth Bank trims variable mortgage rate Australia’s biggest home lender has cut its variable mortgage rates in a sign the Big Four banks are competing harder for new customers – with more official relief expected. The Commonwealth Bank has trimmed its online-only mortgage by six basis points to 5.84 per cent for new customers.…
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The Central Bank of Kenya (CBK) disclosed that the average lending rate across commercial banks was 15.77%. Following the reduction of the base lending rate by 0.75%, which brought it down to 10%, the typical loan interest decreased by 0.64%. The Middle East Bank (K) Limited and Access Bank (Kenya) have the highest loan…
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The Central Bank of Kenya (CBK) disclosed that the average lending rate across commercial banks was 15.77%. Following the reduction of the base lending rate by 0.75%, which brought it down to 10%, the typical loan interest decreased by 0.64%. The Middle East Bank (K) Limited and Access Bank (Kenya) have the highest loan…
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Commonwealth Bank trims variable mortgage rate Australia’s biggest home lender has cut its variable mortgage rates in a sign the Big Four banks are competing harder for new customers – with more official relief expected. The Commonwealth Bank has trimmed its online-only mortgage by six basis points to 5.84 per cent for new customers.…
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By National Banking College. In Ghana, Treasury bills (T-bills) serve as much more than mere short-term government securities; they act as fundamental cornerstones of the financial system. Frequently exchanged and readily comprehensible, these instruments act as indicators of interest rate trends and reflect the broader economic condition. The article investigates the significant impacts of…